on UNIQA Insurance Group AG (isin : AT0000821103)
UNIQA to Redeem €200 Million Subordinated Notes Early
UNIQA Insurance Group AG has announced its decision to redeem its €200 million subordinated fixed to floating rate notes ahead of schedule. These notes, identified by ISIN XS2199567970, were issued on 9 July 2020 and will be redeemed in full on 9 July 2025. This decision comes following approval from the Austrian Financial Market Authority.
The early redemption will include the total outstanding principal of €200 million plus accrued interest. Holders of the notes will receive an official termination notice following § 10 of the terms and conditions, with repayment being conducted through the designated paying agent. The early redemption reflects UNIQA's strategic financial management decisions as it engages with current market conditions.
R. P.
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